This wasn't what you expected, right?
If you're an investor, you're probably at least breathing a sigh of relief that you skirted the Trumpageddon stock market doomsday scenario that seemed likely, based on the S&P 500 futures drop of 800 points on Tuesday night. Stocks have been in full-on rally mode since Trump's election.
As an investment professional, I'm glad I was able to leave my emotions out of this. I have a strategy that I trust, developed over my 26-year career, and I will keep it simple for you. Here is the first thing I am telling clients — and it's the same thing I would tell them on any market-shock day:
A strategy that shifts based on public opinion day to day, hour to hour, is not a strategy. It's more like freaking out.